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4.—(1) All rights, liabilities, powers and duties of the Assembly under or in connection with any contract of employment—
(a)in force immediately before the end of the initial period; and
(b)made between the Assembly and a listed relevant employee,
shall, subject to articles 7 and 9, transfer to the Assembly Commission at the end of the initial period.
(2) Paragraph (1) applies in relation to the contract of employment of any relevant employee who would, immediately before the end of the initial period, have been employed by the Assembly if he had not been dismissed in the circumstances described in article 12(1).
(3) For the purposes of paragraph (1), the rights and liabilities, powers and duties of the Assembly under or in connection with any contract of employment to which paragraph (1) applies include any rights, liabilities, powers and duties under an agreement whereby the Assembly agrees to lend or advance monies to, or reimburse expenses incurred by, a listed relevant employee, or to lend or advance monies to a third party on behalf of such an employee.
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